Vitesse Energy (VTS) Tax Provisions (2023 - 2026)
Vitesse Energy (VTS) posted quarterly Tax Provisions of -$9.5 million for Q1 2026, down 4632.5% year-over-year from $208825.2 in Q1 2025, and down 2478.14% quarter-over-quarter from $398000.0 in Q4 2025.
Vitesse Energy (VTS) Tax Provisions (2023 - 2026) Analysis & Trends
Vitesse Energy (VTS) has reported Tax Provisions for 4 consecutive years, with -$9.5 million the latest figure, recorded in Q1 2026.
- In Q1 2026, Tax Provisions fell 4632.5% year-over-year to -$9.5 million; the TTM figure through Mar 2026 stood at $550000.0 (down 93.31% YoY), while the FY2025 annual figure was $9.8 million, up 27.25% from the prior year.
- Tax Provisions fell to -$9.5 million in Q1 2026 per VTS's latest filing, from $398000.0 in the prior quarter.
- Across five years, Tax Provisions topped out at $40.4 million in Q1 2023 and bottomed at -$9.5 million in Q1 2026.
- Historically, Tax Provisions has averaged $5.4 million across 4 years, with a median of $398000.0 in 2025.
- Annual changes were most pronounced in 2024 — Tax Provisions jumped 881.41% — and 2026, when it sank 4632.5%.
- Vitesse Energy's Tax Provisions stood at $15.6 million in 2023, then tumbled by 109.64% to -$1.5 million in 2024, then soared by 126.53% to $398000.0 in 2025, then sank by 2478.14% to -$9.5 million in 2026.
- Business Quant data shows VTS's Tax Provisions at -$9.5 million in Q1 2026, $398000.0 in Q4 2025, and -$254000.0 in Q3 2025.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Taxes (Qtr) |
|---|---|---|---|---|---|
| 1 | Conocophillips | 164.44 Bn | 156.75 Bn | 12.81 Bn | 2.15 Bn |
| 2 | Canadian Natural Resources | 106.98 Bn | 105.09 Bn | 10.66 Bn | 775.70 Mn |
| 3 | Eog Resources | 80.47 Bn | 75.56 Bn | - | 775.00 Mn |
| 4 | Diamondback Energy | 59.28 Bn | 58.82 Bn | 5.55 Bn | 580.00 Mn |
| 5 | Woodside Energy | 46.13 Bn | 40.18 Bn | 6.02 Bn | - |
| 6 | Devon Energy | 46.12 Bn | 45.11 Bn | 6.02 Bn | 473.00 Mn |
| 7 | Occidental Petroleum | 39.25 Bn | 35.10 Bn | 7.73 Bn | 915.00 Mn |
| 8 | Eqt | 33.67 Bn | 33.56 Bn | 1.42 Bn | 84.93 Mn |
| 9 | Texas Pacific Land | 26.50 Bn | 26.25 Bn | - | 39.77 Mn |
| 10 | Vitesse Energy | 721.43 Mn | 694.06 Mn | 73.03 Mn | 6.80 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Jun 30, 2026 | 6.80 Mn |
| Mar 31, 2026 | -9.47 Mn |
| Dec 31, 2025 | 398,000.00 |
| Sep 30, 2025 | -254,000.00 |
| Jun 30, 2025 | 9.87 Mn |
| Mar 31, 2025 | -200,000.00 |
| Dec 31, 2024 | -1.50 Mn |
| Sep 30, 2024 | 6.22 Mn |
| Jun 30, 2024 | 3.70 Mn |
| Mar 31, 2024 | -731,000.00 |
| Dec 31, 2023 | 15.56 Mn |
| Sep 30, 2023 | -796,000.00 |
| Jun 30, 2023 | 6.81 Mn |
| Mar 31, 2023 | 40.40 Mn |